for questions related to Check [spelled as Cheque in Asia and UK] an Bank instrument to withdraw money.
4
votes
2answers
61 views
For which alterations on a personal check in the US does one need to initial?
For which alterations on a personal check in the US does one need to initial?
Crossing out one's old address on a personal check is possible. Crossing out an outdated address is not necessary in the ...
1
vote
1answer
27 views
How can one fill in the cent portion of the numeric amount on a personal check in the US?
On personal checks in the US, one fills in the numeric version of the dollar amount towards the left of the respective rectangular field.
Say the check is for $36.25. I have seen different ways of ...
7
votes
1answer
94 views
Which colors can one use to fill out a check in the US?
With which colors can one fill out and sign and personal check in the US?
Black is of course okay; I have heard that blue is also allowed. An ideal answer will give references.
Is there anything ...
6
votes
1answer
109 views
Is a blank voided check the same as a fully filled out voided check?
For the last year now, I've collected checks for a company. Procedure is to collect and void the check. For some reason, I'm now asking for a blank voided check.
Isn't a check that's voided just ...
2
votes
1answer
2k views
What is an inclearing check?
My US bank showed a transaction without a check number and called it an "inclearing check". The month is not over, so i haven't seen how it's shown on a statement. But a bit of searching on the web ...
0
votes
2answers
118 views
What could a malicious party potentially achieve by having *just* a name, account number, and sort code?
There seem to be many conflicting points on this issue, most prominently this story published in the Daily Mail not so long ago , so I ask the nice community on stackexchange to shed (researched) ...
3
votes
3answers
745 views
How can I get free or discounted checks for my bank account?
I bank with chase and my account type does not qualify me for free check books. I have to pay a fee to get a check book. Is there a way I can:
Get a free check book for my account?
Print my own free ...
4
votes
1answer
120 views
Getting a USD cheque, without too many fees, and with a sensible exchange rate?
In order to exercise a stock option, I find myself needing a USD cheque. Annoyingly, it has to be a cheque and it has to be in USD, neither a GBP cheque nor a USD wire transfer are acceptable. (I've ...
1
vote
1answer
53 views
Business check MICR strings: why is the check number on the left?
I have always seen the MICR string at the bottom of a personal check have the routing number, then account number, then check number. Why do business checks often have the check number on the left?
9
votes
1answer
277 views
Is this reply promising a money order and cashier check a scam?
Lately, I have been tied up with my moving soon, among others. I got a reply from my ad for moving sale at craigslist, the author of which claims to be currently living on the other side of Atlantic ...
11
votes
5answers
2k views
A merchant requests that checks be made out to “Cash”. Should I be suspicious?
My barber accepts only cash or checks made out to "Cash".
Is there a likely legitimate reason she might want the checks made out to "Cash"? Or am I helping her hide her revenue from the IRS?
2
votes
2answers
329 views
Should I make a copy or scan of a check before depositing checks whenever possible?
Or can I simply take a picture of the check with my cellphone before depositing the check, just in case there is a disputed transaction?
4
votes
2answers
149 views
Cashing Checks Via Photograph
Recently I discover a great time saver. Rather than Fedexing my check to my bank in US, I simply photograph the check with IPhone and tada the check is deposited.
However I still have to have the ...
4
votes
3answers
1k views
What should I do if a check gets lost in the mail?
Should I request a new check from the sender? And is there a risk that they might not provide one?
What if something else happens, like what if the check gets damaged?
13
votes
5answers
983 views
Cashing a fishy cheque addressed to someone else
I agreed to cash a cheque for someone I don't really know. In hindsight, this was very stupid, but now I need to figure out how best to get out of this situation.
We both endorsed the cheque, it ...
4
votes
2answers
573 views
Stale dated check in posession, company won't reissue, sol?
Basically as the topic suggests I have a check in my possession which while it doesn't have "void after.." appears to be valid only for 6 months. Company isn't responding to emails, I have a credible ...
1
vote
3answers
3k views
How can I deposit a check made out to my business into my personal account?
When I invoiced this company, my invoice specifically said to make it payable to me personally, not my business (since I don't have a business account besides PayPal). Unfortunately, they made it out ...
5
votes
4answers
3k views
Any practical difference between “personal checks” and “business checks”?
I need to order checks for my LLC. I wrote maybe 5 paper checks last year (by hand, not printed). So it doesn't make sense for me to spend $30-40+ on "business checks" if I can spend $5-10 on ...
2
votes
2answers
823 views
How do I deposit a USD check into a US bank account by mail from abroad?
Forgive me for what is probably quite an obvious question for anyone who understands the US banking system, but I don't.
I live in the UK, and I have a check in US dollars I need to do something ...
9
votes
4answers
2k views
What if I received a check with two different amounts written on it (words vs. number)?
I received a check personally written to me from a family member.
The family member that wrote & sent me the check wrote where you write out the amount of what the check is suppose to be for, in ...
4
votes
1answer
315 views
MICR and self-printed check acceptance requirements at Federal Credit Unions?
I read that you can print your own checks, but many banks will not accept or place fines on checks which don't have the routing and account number not written in magnetic ink. My related questions ...
3
votes
3answers
223 views
Cashing a joint check
My girlfriend (over 18) is estranged from her parents, but recently discovered money in her name in the form of stocks. She sold the stocks, but the company that handled the transaction sent a check ...
1
vote
1answer
3k views
Given a MCIR routing number, how does one find the “fractional routing number”?
I'm trying to order checks for the first time, and the check provider is asking for me to provide a routing number and checking account number, both provided by my bank. However, they're also asking ...
0
votes
1answer
158 views
Cashable, Depositable Or Redeemable On Invoice?
I will be issuing invoices to my customer very soon. I don't know whether I will be cashing or depositing the cheque sent in for payment. What is the best way to communiate this to my customers? ...
3
votes
2answers
155 views
Is it ok to use a check without a pre-printed check number?
I opened a new account for my business and got a bunch of starter checks. They have the routing and account numbers preprinted with MICR font and magnetic (I presume...) ink, but they don't have a ...
4
votes
2answers
782 views
Cashing a foreign check in US
Is it possible to deposit a check issued by a foreign bank in a US bank?
To be specific, I would like to know if I can deposit a check issued by a bank in India in INR in my bank in US. I was able to ...
6
votes
3answers
406 views
Can my significant other deposit a check made out to me?
We share a bank account; if the check is made out to me personally, can I have my other half run it to the ATM while I'm at work? Also, is it legal to do so?
3
votes
3answers
137 views
How can I minimize the costs of using paper checks?
I'm a college student, and much as I prefer doing my banking online, I often need to use paper checks for things like paying the rent, splitting bills with roommates, random university fees not ...
2
votes
5answers
6k views
What happens if I deposit a check and forget to endorse it with my signature on the back?
What if I deposit a check into a Bank of America ATM but forget to endorse it with my signature on the back of the check?
2
votes
3answers
496 views
Deposit a cheque in an alternative name into a personal bank account (Australia)
I'd like to be able to deposit cheques payable to a business name into my personal bank account. I do not have a company (Pty Ltd) and at this stage it's probably more trouble than it's worth to set ...
10
votes
3answers
337 views
Someone has my check: any risks?
Some time ago I found a room to rent in another city (via Craigslist). I talked with the lady renting out the room on the phone and after we made a deal I sent her a half of the month rent ($375). Not ...
5
votes
3answers
845 views
Outcome of cashiers check not being cashed before expiry date
What happens to a cashiers check which is not cashed before the expiry date?
Let's say a cashiers check which I took out of my account and gave someone which says "void after 90 days" hasn't been ...
6
votes
3answers
2k views
How do I sign over a check made out to two people?
I just received my security deposit refund for last year's apartment, and it's made out to both me and my roommate. Unfortunately we are now living far away from each other.
The check is made out to ...
8
votes
2answers
1k views
Does the IRS track every check deposited by me?
Is there a maximum amount limit on exceeding which the tracking starts? Or does each and every check deposited by me gets tracked by IRS for reconciliatory purposes?
8
votes
2answers
139 views
What do I do with the paper check when I make a deposit over the Internet
Just opened an account at a credit union that allows me to make deposits over the Internet with my scanner and a Java app.
I assume I need to keep the actual check for at least until the money shows ...
7
votes
4answers
2k views
Can a “For Deposit Only” endorsement on a check be changed (canceled) by initialing?
My wife endorsed a small check "For Deposit Only". Then, she crossed the endorsement out, and initialed it. The grocery store refused the check, saying once it's endorsed for deposit only, the bank ...
8
votes
3answers
1k views
“Free checks:” do I really need to pay to get “secure and trackable” shipping?
One of the benefits of my Bank of America premium checking account is free checks. However, they recommend "secure and trackable" shipping for the low-low price of only $8.40. Is that just a sneaky ...
10
votes
2answers
1k views
Is there something on a check (cheque) that determines what currency it is?
We're a US company. We got a check from a Canadian company and usually the check will say "USD" on it. Otherwise when we deposit it, the check will clear as CAD.
This check has no indicators on ...
1
vote
2answers
648 views
What is the difference between a check and a paycheck?
What is the difference between a check and a paycheck?
9
votes
4answers
21k views
How to correct a mistake made when writing a check?
I think I know the answer to this, but I'm not sure, and it's a good question, so I'll ask:
What is the accepted/proper way to correct a mistake made on a check?
For instance, I imagine that in any ...
4
votes
1answer
1k views
What laws govern check clearing in the US?
When I deposit a check in my bank, the bank credits the first $100 of the sum immediately and the rest of the sum is credited the next day, usually. I know that it's not a real clearing - i.e. if the ...
10
votes
2answers
217 views
Why do they ask whether it is a paycheck or not in a bank?
I am getting paid with checks so each time I deposit it to my bank account they ask whether it is a paycheck or not. What difference does it make?
16
votes
6answers
2k views
Can't the account information on my checks be easily used for fraud?
My Bank of America checks contain my routing & account number, which I've used in the past to make purchases online, among other things. Anyone whom I pay with a check has this information. It ...
24
votes
7answers
46k views
What is the purpose of endorsing a check?
Why do you need to sign a check on the back when you deposit it to your account?
27
votes
14answers
2k views
Do Americans really use checks that often?
That might sound a bit silly to people from USA but is it really that common to use checks in America?
I am from Austria and here (Austria, Germany, Switzerland) checks play practically no role in ...
7
votes
3answers
3k views
Are these checks usable?
I recently opened an account at a credit union here, which includes a checking account. They gave me a book of checks on the spot.
Are they valid and usable? They simply came out of the drawer and ...
3
votes
3answers
167 views
What forms of payment am I compelled to accept?
In relation to this question about maximum amounts a check can be written for
If I sell something like a car or other expensive item on Craig's List or in the local paper classifieds, am I compelled ...
14
votes
5answers
10k views
Is there a limit on the dollar amount of a personal check?
Is there a limit on the dollar amount of a personal check?
7
votes
3answers
7k views
Is it possible to cash a check made to someone else's name? How to do so?
Is it possible to cash a check made to someone else's name? How to do so?
7
votes
3answers
4k views
Bank Draft vs. Certified Cheque - when is it appropriate to use one or the other?
Bank drafts and certified cheques are similar but have different costs associated with them. When is one more appropriate to use vs. the other?
